Range Resources Corp Stock Today

RRC Stock  USD 35.59  0.69  1.90%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Range Resources is trading at 35.59 as of the 28th of November 2024, a 1.9% down since the beginning of the trading day. The stock's open price was 36.28. Range Resources has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 16, 2023, Senator Tommy Tuberville of US Senate acquired under $15k worth of Range Resources Corp's common stock.
Business Domain
Energy
IPO Date
28th of December 1992
Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company in the United States. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas. Range Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. The company has 241.31 M outstanding shares of which 15.49 M shares are at this time shorted by investors with about 6.27 days to cover. More on Range Resources Corp

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Range Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEODennis ACA
Old NameRockridge Capital Corp.
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, Bucharest BET-NG, ARCA Natural Gas, SP OIL GAS, SP Midcap 400, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.240.3544
Way Down
Pretty Stable
Net Debt1.6 B1.6 B
Fairly Down
Very volatile
Total Current Liabilities359.8 M583.1 M
Way Down
Slightly volatile
Non Current Liabilities Total2.2 B2.9 B
Way Down
Very volatile
Total Assets4.2 B7.2 B
Way Down
Pretty Stable
Total Current Assets913.6 M870.1 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities490.9 M977.9 M
Way Down
Slightly volatile
Debt Levels
Range Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Range Resources' financial leverage. It provides some insight into what part of Range Resources' total assets is financed by creditors.
Liquidity
Range Resources Corp has 1.79 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Range Resources Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Range to invest in growth at high rates of return.

Change To Inventory

(1.35 Million)
Range Resources Corp (RRC) is traded on New York Stock Exchange in USA. It is located in 100 Throckmorton Street, Fort Worth, TX, United States, 76102 and employs 548 people. Range Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.75 B. Range Resources Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 241.31 M outstanding shares of which 15.49 M shares are at this time shorted by investors with about 6.27 days to cover. Range Resources Corp has about 207 K in cash with 977.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Range Resources Probability Of Bankruptcy
Ownership Allocation
Range Resources owns a total of 241.31 Million outstanding shares. The majority of Range Resources Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Range Resources Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Range Resources. Please pay attention to any change in the institutional holdings of Range Resources Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 16, 2023, Senator Tommy Tuberville of US Senate acquired under $15k worth of Range Resources Corp's common stock.
Check Range Ownership Details

Range Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
M
Citadel Advisors Llc2024-09-30
M
Fuller & Thaler Asset Management Inc2024-09-30
M
Canoe Financial Lp2024-09-30
2.7 M
Bank Of New York Mellon Corp2024-06-30
2.5 M
Bank Of America Corp2024-06-30
2.4 M
William Blair Investment Management, Llc2024-09-30
2.3 M
Kopernik Global Investors, Llc2024-06-30
2.3 M
Amvescap Plc.2024-06-30
2.1 M
T. Rowe Price Associates, Inc.2024-06-30
29.4 M
Fmr Inc2024-09-30
27.5 M
View Range Resources Diagnostics

Range Resources Historical Income Statement

At present, Range Resources' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 973.3 M, whereas Depreciation And Amortization is forecasted to decline to about 344.6 M. View More Fundamentals

Range Stock Against Markets

Range Resources Corporate Directors

James FunkIndependent DirectorProfile
Margaret DormanIndependent DirectorProfile
Steven GrayIndependent DirectorProfile
Brenda ClineIndependent DirectorProfile
When determining whether Range Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Range Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Range Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Range Resources Corp Stock:
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Range Resources. If investors know Range will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.04
Dividend Share
0.32
Earnings Share
2
Revenue Per Share
9.79
Quarterly Revenue Growth
(0.01)
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Range Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.